NOT LISTED FOR SALE

Estimated Value: $494,000 - $652,426

2 Beds
2 Baths
930 Sq Ft
1924 Built

Last Sold May 21, 2015

Last sale price $345,000 $371 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,196/month

20 Days on Market

About This Home

As of May 2015

Enjoy carefree living in this stylish Condominium located in what is considered by many as one of the best neighborhoods in Melrose! This quality built residence is located in the Country Club section and is surrounded by beautiful homes on tree lined streets yet is within walking distance to the bus to Oak Grove, Cedar Park Commuter Rail, Ell Pond, Melrose Hospital, Library, Whole Foods and Shaws Supermarket plus the super trendy restaurants and shops of downtown Melrose! If you have been hoping for a modern space with an open floor plan and high end finishes then your search is over. The living room with gas fireplace flows nicely into the dining area and kitchen with granite countertops, breakfast bar and loads of cabinets. One of two bedrooms with enough room for an in home office and full bath complete this level. The master bedroom and bath plus laundry are downstairs which makes for a private retreat away from the main living area. Two off street parking spaces are included.

Last Agent to Sell the Property

Lisa Howitt

Compass Listed on: 04/07/2015

Compass

Last Buyer's Agent

Andrew Dixon

MA Properties

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 22, 2015
Sold by
Penney 3Rd Francis J
Bought by
Ferriter Timothy S and Mueller Kaydee R
Seller's Agent
Lisa Howitt
Compass
Buyer's Agent
Andrew Dixon
MA Properties
List Price
$329,000
Sold Price
$345,000
Premium/Discount to List
$16,000
4.86%
Total Days on Market
20
Current Estimated Value
$568,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,607
Avg. Annual Appreciation
4.56%
Original Mortgage
$195,000
Outstanding Balance
$153,547
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$386,519

Purchase Details

Closed on
Oct 30, 2008
Sold by
Lybru Investments Llc
Bought by
Penney Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferriter Timothy S $345,000 --
Penney Francis J $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferriter Timothy S $195,000
Previous Owner Penney Francis J $184,500
Previous Owner Penney Francis J $181,500
Previous Owner Lybru Investments Llc $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $345,000 0.0% $371 / Sq Ft
04/27/2015 04/27/15 Pending -- -- --
04/15/2015 04/15/15 Off Market $345,000 -- --
04/07/2015 04/07/15 For Sale $329,000 -- $354 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $49 $497,600 $0 $497,600
2024 $4,892 $492,600 $0 $492,600
2023 $5,004 $480,200 $0 $480,200
2022 $4,893 $462,900 $0 $462,900
2021 $4,842 $442,200 $0 $442,200
2020 $4,517 $408,800 $0 $408,800
2019 $4,177 $386,400 $0 $386,400
2018 $4,072 $359,400 $0 $359,400
2017 $4,109 $348,200 $0 $348,200
2016 $3,937 $319,300 $0 $319,300
2015 $3,717 $286,800 $0 $286,800
2014 $3,701 $278,700 $0 $278,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71812933

MLS Property Information Network (MLS PIN)

APN: MELR-000010E-000000-002456-000002